State and Local Fiscal Recovery Funds (SLFRF) Newsletter
Summary
The inaugural edition, Volume 1, Issue 1, dated December 5, 2023, of the U.S. Department of the Treasury State and Local Fiscal Recovery Funds (SLFRF) Newsletter. It reports a visit by Deputy Secretary Wally Adeyemo to the Highlands Café in Washington, D.C., which it states received nearly $470,000 through the city's $71 million Food Access Fund. It states that Treasury released the Obligation Interim Final Rule on November 9, 2023, published it in the Federal Register on November 20, 2023, and that comments were due December 20, 2023. It restates that recipients must obligate SLFRF funds by December 31, 2024 and expend them by December 31, 2026, and answers questions on reporting deadlines and user roles.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Cite this document
“State and Local Fiscal Recovery Funds (SLFRF) Newsletter.”
Original at home.treasury.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/department-of-the-treasury-december-2023-slfrf-newsletter-obligation-i-7f6655e5ae/
, SHA-256 e27b8f6585da6ba859be478ddc18b1850116a62c2876efeb0f7dbb1555c3990f.Full text
From: U.S. Department of the Treasury <subscriptions@subscriptions.treas.gov>
Sent: Tuesday, December 5, 2023 1:45 PM
Subject: Courtesy Copy: March State and Local Fiscal Recovery Funds (SLFRF) Newsletter
Volume 1, Issue 1 | December 5, 2023
STATE AND LOCAL FISCAL RECOVERY FUNDS (SLFRF) NEWSLETTER
Welcome to your inaugural edition of State and Local Fiscal Recovery Funds (SLFRF) Newsletter, your
newsletter dedicated to the needs of SLFRF recipients. This newsletter will be your place to learn more about
program updates, upcoming deadlines, key resources, and about how your peers are using their funds.
If others would benefit from this newsletter, please forward this to them and let them know to subscribe here.
DEPUTY SECRETARY ADEYEMO VISITS SLFRF-FUNDED HIGHLANDS CAFÉ
Washington, District of Columbia | Highlands Café
In October, Deputy Secretary of the Treasury, Wally Adeyemo, visited the Highlands Café in Washington,
D.C. This Latino-owned small business serves fried green tomatoes, shrimp and grits, and other delicious
fare in the District’s Ward 7. A recipient of SLFRF funds through the city’s $71 million Food Access Fund, the
restaurant received nearly $470,000 to continue to serve local residents. Deputy Secretary Adeyemo noted
that, “Chef Mo and the Highlands Café and Grill team are a prime example of how Latino entrepreneurs are
leveraging initial public investment to grow their businesses, create good-paying jobs in their communities,
and successfully compete in today’s economy.” He added that, “President Biden’s Investing in America
agenda centers on the idea that expanding economic opportunity will lead to a stronger and fairer economy
for all communities - including Latino communities.”
Also in attendance was SLFRF Program Director, Vero Soto, who said that, “One of the impressive things about
Highlands Café is that the restaurant is the first sit down restaurant in Ward 7, as options for such service did not
exist before.” Soto added, “It is wonderful to have the SLFRF funds used to support a small business and serve as
a way to offer a community amenity and experience other neighborhoods or districts take for granted.”
KEY UPDATES
Top five items in this newsletter:
1. Access the Obligation IFR Quick Reference Guide here.
2. Watch the Obligation IFR Webinar: Access the webinar here and the accompanying slides here.
3. The Obligation Interim Final Rule (Obligation IFR) was released on November 9, 2023, and published
in the Federal Register on November 20, 2023.
4. New Q2 Reporting Data Release.
5. The SLFRF Housing Fact Sheet is available for your reference as you continue to obligate SLFRF award funds.
RECENT NEWS
Obligation IFR, Obligation IFR Quick Reference Guide, and Obligation IFR Webinar
On November 9, 2023, Treasury released the Obligation IFR to clarify the definition of “obligation” in response
to recipients’ questions. As a reminder, recipients must continue to obligate SLFRF funds by December
31, 2024, and expend funds by December 31, 2026 (with the exception of SLFRF funds used for Surface
Transportation projects or Title | projects, in which case funds must be expended by September 30, 2026). The
Obligation IFR was published in the Federal Register on November 20, 2023. You and other stakeholders are
encouraged to submit comments on the Obligation IFR until the public comment period ends on December
20, 2023. Learn more about the Obligation IFR from the resources listed below:
1. Obligation Interim Final Rule Quick Reference Guide - This brief overview provides a summary of the changes.
2. Obligation Interim Final Rule
3. Obligation IFR webinar and the accompanying slides
Q2 Data Release - Local leaders continue to use their SLFRF to boost their economies
Treasury recently released the most recent reporting data for the SLFRF program. The report demonstrates
how recipients like you are investing your funds for the long-term well-being of your residents. Here, you
can find a blog post (New Treasury Department Data Illustrates How American Rescue Plan Resources Are
Expanding Access to Affordable Housing and Keeping Families in their Homes) with example projects, key
facts, and the full dataset. Finally, here you will find a link to the most recent SLFRF Housing Fact Sheet, with
examples of how recipient governments use their SLFRF program funds to keep residents in safe, stable,
healthy homes.
SLFRF IN YOUR COMMUNITY
Local leaders across the country use their SLFRF program funds in many ways to support their residents.
Treasury would like to uplift your examples of success and impact stories. Stay tuned for more information on
how to share your stories!
FROM THE SLFRF INBOX
+ Where can | find the Recording of the Obligation Interim Final Rule Webinar that Treasury held on
November 16th, 2023?
The recording of the Obligation IFR Webinar that Treasury held on November 16, 2023, can be found on the
SLFRF homepage or at this link with the associated slide deck presentation.
* How do!know the reporting deadlines for my organization?
To ensure completion and timely submission to Treasury of mandatory performance and compliance
reporting, your organization will need to be aware of applicable deadline requirements. Your organization’s
reporting cadence, or when your organization must file a report, depends on which tier your organization
is in. You can find information on each tier’s reporting obligations and reporting deadline on Treasury’s
website at: Treasury.gov/SLFRPreporting. Scroll down to the “Recipient Compliance and Reporting
Guidance” heading and look for the link to identify your reporting tier. Then refer to Treasury’s SLFRF
Compliance and Reporting Guidance, starting on page 17, for the associated reporting deadlines.
* What are the key user roles for the SLFRF portal and how can | add or change them?
The Account Administrator has the administrative role of maintaining the names and contact information
of the designated individuals for SLFRF reporting. The Account Administrator is also responsible for working
within your organization to determine its designees for the roles of Point of Contact for Reporting and
Authorized Representative for Reporting and providing their names and contact information via Treasury’s
Portal. In addition, the Account Administrator can view reports and is responsible for making any updates
as needed over the award period. We recommend that the Account Administrator identify an individual to
serve in his/her place in the event of staff changes.
The Point of Contact for Reporting is the primary contact for receiving official Treasury notifications about
reporting on the SLFRF award, including alerts about upcoming reporting requirements and deadlines.
The Point of Contact for Reporting also is responsible for completing the SLFRF reports and the Authorized
Representative is responsible for certifying and submitting official reports on behalf of the SLFRF award
recipient. Official reports may include Special Reports, Monthly Reports, Quarterly Reports, Interim Reports
and Final Reports. Treasury will accept reports or other official communications only when submitted
by the Authorized Representative for Reporting. The Authorized Representative for Reporting is also
responsible for communicating with Treasury on matters such as extension requests and amendments of
previously submitted reports.
For a step-by-step tutorial on Adding and Changing User Roles, review the following webinar: WEBINAR:
State & Local Fiscal Recovery Funds: Designating User Roles in the Treasury Portal - YouTube
CONNECT WITH US
Please share SLFRF news by forwarding this newsletter to others!
Subscribe to the State and Local Fiscal Recovery Funds Newsletter by signing up here.
If you require additional assistance, please reach out to us by email:
For questions about the Treasury Portal or for technical support, please email covidreliefitsupport@treasury.gov.
For general questions about the Coronavirus State and Local Fiscal Recovery Funds, please email
SLFRF@treasury.gov.
Questions? Contact Us
File and source
- File
- department-of-the-treasury-december-2023-slfrf-newsletter-obligation-ifr-program-updates-and-more-ho-9d08c66674.pdf
- Size
- 349,568 bytes
- SHA-256
- e27b8f6585da6ba859be478ddc18b1850116a62c2876efeb0f7dbb1555c3990f
- Original
- home.treasury.gov